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the accusation was always made that all this stuff was an attempt to discredit liberalism and the new deal and we now have in our own time we heard it said not since obama was in office, dissidence is the highest form of patriotism. i don't buy that. i don't buy it at all. of course the democrats no longer say that. i hardly dared tell you where i would draw the line. federal marshals will materialize out of the walls, and lock me up immediately. i was delicately suggesting that even whitaker chambers, who was a great man and "witness" is a great book, but whitaker chambers fell into the misguided view of america that was prevalent, not so prevalent but always existed on the right. understanding of the precious value and virtues of the society, even now. and denigrating it which is quite consistently, and he saw a lot in common between chambers and canon, i have been rereading "witness" and i said to my wife last night chambers has a lot in common with george kennedy. when i said this, they were deeply patriotic. i said no they weren't. i don't think they were traitors or anybody, and the
the accusation was always made that all this stuff was an attempt to discredit liberalism and the new deal and we now have in our own time we heard it said not since obama was in office, dissidence is the highest form of patriotism. i don't buy that. i don't buy it at all. of course the democrats no longer say that. i hardly dared tell you where i would draw the line. federal marshals will materialize out of the walls, and lock me up immediately. i was delicately suggesting that even whitaker...
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Dec 29, 2012
12/12
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. >>> as the clock ticks down towards the fiscal cliff, president obama says he is hopeful to get a deal done soon. the president held talks today with congressional leaders at the white house this afternoon and afterwards said the meeting was constructive. fox's nicole collins has the details tonight. >> reporter: house speaker john boehner back in washington immediately heading to the white house for a late afternoon fiscal cliff meeting which brought the president and congressional leaders together for the first time since november, but it's unclear if it brought country any closer to avoiding the fiscal cliff. >> i'm modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want, but let's make sure that middle class families and the american economy and, in fact, the world economy aren't adversely impacted because people can't do their jobs. >> reporter: the president called the meeting as lawmakers pointed fingers in this high stakes game of chicken. >> it's republicans who are holding hostage the middle class in america so that the wealthy don
. >>> as the clock ticks down towards the fiscal cliff, president obama says he is hopeful to get a deal done soon. the president held talks today with congressional leaders at the white house this afternoon and afterwards said the meeting was constructive. fox's nicole collins has the details tonight. >> reporter: house speaker john boehner back in washington immediately heading to the white house for a late afternoon fiscal cliff meeting which brought the president and...
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Dec 29, 2012
12/12
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whether it's a big deal or a small deal, president obama will he have something to sign in time? moments ago i spoke with democratic congressman elijah cummings. listen to what he had to say about the standstill. >> there is a sense of urgency. the problem is that we've got a group of tea party folk over in the house who basically has pretty much dictated what mr. boehner can agree to. boehner, who's a good guy who wants to make a deal, he really wants to make a deal, but he can't. >> all right. head to capitol hill. there's mike viqueira standing by for us. you know something else that representative cummings said. i just said you're standing by. it seems like even when they come back to d.c. they're going to be standing by. they don't seem to have much to do in the house right now. >> reporter: that's absolutely right. don't have anything to do in the house. for now they don't have anything to do in the senate, t.j. that's the thing. harry reid, mitch mcconnell, the two democratic and republican leaders respectively in the senate got back from that big white house pow wow yeste
whether it's a big deal or a small deal, president obama will he have something to sign in time? moments ago i spoke with democratic congressman elijah cummings. listen to what he had to say about the standstill. >> there is a sense of urgency. the problem is that we've got a group of tea party folk over in the house who basically has pretty much dictated what mr. boehner can agree to. boehner, who's a good guy who wants to make a deal, he really wants to make a deal, but he can't....
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is sliding ever closer to what has become known as the fiscal cliff with barack obama hosting another last minute emergency meeting on today for weeks the republicans and democrats have been trying to reach a deal on how to reduce the national deficit if they don't billions of dollars in tax hikes and spending cuts automatically come into effect on january the first activist and journalist says it's not the deadlock that bothers him but what has already been agreed upon. the real problem in my eyes is not the fact that they can't reach an agreement but rather that they have reached an agreement on many fundamental things the grievance they have reached is that neither of them are going to advocate to put more money in the hands of working people they have no problem whatsoever removing a trillion dollars or two trillion dollars from the economy and delivering it to the bankers they did that inside of twenty days back in two thousand and eight and again in two thousand and nine with very little discussion. everyone agrees on both sides of the aisle that sums sort of reduction in benefi
is sliding ever closer to what has become known as the fiscal cliff with barack obama hosting another last minute emergency meeting on today for weeks the republicans and democrats have been trying to reach a deal on how to reduce the national deficit if they don't billions of dollars in tax hikes and spending cuts automatically come into effect on january the first activist and journalist says it's not the deadlock that bothers him but what has already been agreed upon. the real problem in my...
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Dec 28, 2012
12/12
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LINKTV
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senator reid says there is no time to reach a deal. mr. mcconnell says he is more optimistic. then from the republican controlled house of representatives, the top republican john boehner has rejected president obama's previous offers and the morse -- most senior democrat in the house, nancy pelosi. what is the cliff and can be avoided? >> the house of representatives will be going back into session sunday but at this point we do not know what kind of measure they have before them that they can consider for a vote. there has been no indication from the white house or the republican leadership that they are anywhere near any kind of makings of a deal that they could present to the house republican leadership -- or the house republican rank-and-file who so far have been adamantly opposed to tax increases at any level of income, which is an absolute prerequisite for president obama. if they do not come to some kind of agreement, but that tax to be voted on -- and there is doubt that it is logistically possible before new year's day -- then the most immediate impact would be the l
senator reid says there is no time to reach a deal. mr. mcconnell says he is more optimistic. then from the republican controlled house of representatives, the top republican john boehner has rejected president obama's previous offers and the morse -- most senior democrat in the house, nancy pelosi. what is the cliff and can be avoided? >> the house of representatives will be going back into session sunday but at this point we do not know what kind of measure they have before them that...
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Dec 28, 2012
12/12
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. >> reporter: top congressional leaders are expected to meet with president obama at the white house friday. this would be the group's first face to face meeting since november 16th and a last minute chance to avoid the so-called fiscal cliff. if no deal is reached taxes will go up for nearly every american and harsh spending cuts will kick in on january 1st. senators reconvened on thursday with tension spilling over on to the floor. >> speaker boehner is unwilling to negotiate. there's nothing happening. >> the phone never rang and so now here we are five days from the new year and we might finally start talking. >> reporter: senate majority lyddite harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's number one goal is to get elected speaker on january 3rd. >> reporter: the two sides are at odds over tax cuts and spending. republicans say it's up to the democraticly controlled stat and white house to reach an agreement. >> republicans aren't about to write a blank check or anything
. >> reporter: top congressional leaders are expected to meet with president obama at the white house friday. this would be the group's first face to face meeting since november 16th and a last minute chance to avoid the so-called fiscal cliff. if no deal is reached taxes will go up for nearly every american and harsh spending cuts will kick in on january 1st. senators reconvened on thursday with tension spilling over on to the floor. >> speaker boehner is unwilling to negotiate....
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Dec 31, 2012
12/12
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CSPAN2
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and senator mcconnell have made this afternoon, that we're close to an agreement, close to a deal. i don't agree, i say again, that no deal is better than a bad deal. in this case of the fiscal cliff, no deal is the worst deal possible for the american people. we passed the time when we're going to -- before tonight, negotiate the comprehensive, bipartisan debt-reduction agreement that our country desperately needs. the least we can do is protect the constituents who were good enough to send us here from the worst possible result, which is that we let the country go over the cliff, we -- we prove that to everybody, including people around the world who depend on american strength and watch us, that our political system has become absolutely dysfunctional. so i hope the negotiations going on now end with an agreement and i hope that we will pass it with a bipartisan majority, strong bipartisan majority in the senate and the house. and i certainly will support it from all that i hear about it myself. i thank the chair, and i yield the floor. mr. lieberman: mr. president, i suggest th
and senator mcconnell have made this afternoon, that we're close to an agreement, close to a deal. i don't agree, i say again, that no deal is better than a bad deal. in this case of the fiscal cliff, no deal is the worst deal possible for the american people. we passed the time when we're going to -- before tonight, negotiate the comprehensive, bipartisan debt-reduction agreement that our country desperately needs. the least we can do is protect the constituents who were good enough to send us...
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could lose its aaa credit rating if washington doesn't get a deal to treat what we call economy now this may all feel like deja vu and maybe it will all turn out fine maybe it won't though where you want to place your bets we'll talk to the daily reckonings eric cry and joe bowman about their choices plus a german study finds paying taxes has a positive impact on a person's subjective well being no word on what the findings would bring in the west but if you are counting on taxation to make you feel like your quality of life is on the up and up state side one talk about some other economic options and the opec of maple syrup has been robbed millions of dollars worth of the hot commodity has been stolen from canada's maple syrup card. hell yes cartel i said mabel syrup cartel and those are not my words that's according to the new york times we'll talk about it in loose change let's get to today's capital account. in the u.s. as we watch this fiscal cliff charade it honestly sounds just so much like what we were hearing during the debt ceiling debate of two thousand and eleven when lawmake
could lose its aaa credit rating if washington doesn't get a deal to treat what we call economy now this may all feel like deja vu and maybe it will all turn out fine maybe it won't though where you want to place your bets we'll talk to the daily reckonings eric cry and joe bowman about their choices plus a german study finds paying taxes has a positive impact on a person's subjective well being no word on what the findings would bring in the west but if you are counting on taxation to make you...
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with painful austerity extreme weather had itself felt and obama reelected and there was no shortage of conflicts tragedies and misery around the world. to cross talk two thousand and twelve as it was i'm joined by john glaser in washington he's an assistant editor and blogger for antiwar dot com and so.
with painful austerity extreme weather had itself felt and obama reelected and there was no shortage of conflicts tragedies and misery around the world. to cross talk two thousand and twelve as it was i'm joined by john glaser in washington he's an assistant editor and blogger for antiwar dot com and so.
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so-called fiscal cliff again produced no result no if the republicans and democrats failed to reach a deal on how to reduce the national deficit tax hikes and spending cuts with billions of dollars automatically take effect on the first another round of talks it shows you will for saturday barack obama's really considering an emergency bill for low earners and employed if agreement isn't reached before that deadline. the six men involved in a gang rape of a student in india have been charged with murder now just hours after the victim died in hospital if convicted all could face the death penalty the case about protests in new delhi with the authorities resorting to banning mass gatherings in parts of the city people still joining to express their anger while demanding extreme measures to keep the streets safe. it's been a turbulent year for russian politics with putin's come back to the kremlin met by big opposition rallies plus pussy riots infamous cathedral performance protest on the court case that followed that that split russian society well here's how some of the r.t. staff includin
so-called fiscal cliff again produced no result no if the republicans and democrats failed to reach a deal on how to reduce the national deficit tax hikes and spending cuts with billions of dollars automatically take effect on the first another round of talks it shows you will for saturday barack obama's really considering an emergency bill for low earners and employed if agreement isn't reached before that deadline. the six men involved in a gang rape of a student in india have been charged...
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the so-called fiscal cliff again produced no result if the republicans and democrats fail to reach a deal on how to reduce the national deficit tax hikes and spending cuts are worth billions of dollars automatically take effect on january first another round of talks are scheduled for saturday iraq obama is already considering an emergency bill for low earners and be unemployed if agreement is not reached before the deadline. at least four people have been killed and forty others injured after a passenger bus exploded at the terminal station in the southern pakistani city of karachi while an investigation is under way police believe that a terror attack or a gas cylinder explosion might be the cause of the blast the city has seen numerous militant attacks over the past decade and has been plagued by violence. the six men involved in the gang rape of a student in india have been charged with murder just hours after their victim died in a hospital if convicted all could face the death penalty cases sparked protests in new delhi with the authorities resorting to banning mass gatherings in pa
the so-called fiscal cliff again produced no result if the republicans and democrats fail to reach a deal on how to reduce the national deficit tax hikes and spending cuts are worth billions of dollars automatically take effect on january first another round of talks are scheduled for saturday iraq obama is already considering an emergency bill for low earners and be unemployed if agreement is not reached before the deadline. at least four people have been killed and forty others injured after...
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ticks away democrats and republicans all over taxes for the rich we hear how the wiring aspects of the deal have long been agreed upon. now gun sales are searching to record levels all across america president obama's pledge to tackle firearms ownership in the wake of the sandy hook school massacre has actually seen the shooting spree develop into a shopping spree for guns nature can spoke to some of the store owners who are ultimately cashing it about two weeks ago actually on this particular war here. they are it's four rows of rows across. with everything going on in politics right now with the possible ban and everything everyone is flowing in. purchasing right away gun stores all across the u.s. are reporting record sales. just two weeks after the tragic shooting at the elementary school in newtown americans are scrambling to buy the same type of weapon that adam lanza used in the connecticut shooting plus high capacity magazines and a lot of them panic buying trigger it out of fear that the white house is out to ban the weapons but this time the words need to lead to action we we actu
ticks away democrats and republicans all over taxes for the rich we hear how the wiring aspects of the deal have long been agreed upon. now gun sales are searching to record levels all across america president obama's pledge to tackle firearms ownership in the wake of the sandy hook school massacre has actually seen the shooting spree develop into a shopping spree for guns nature can spoke to some of the store owners who are ultimately cashing it about two weeks ago actually on this particular...
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Dec 29, 2012
12/12
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WUSA
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for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the final product if there is one will not include trillions in debt reduction or federal spending or tax code reform. it won't even include across the board spending cuts. it will focus on tax rates and a few spending items. >> that's the bearare minimum we should be able to get done. >> sidelined for now. house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. >> we'll be working hard to try to see if we can get there in the next 24 hours, and so i'm hopeful and optimistic. >> the president said the american public is getting frustrated and losing patience with these last-minute negotiations. he says the least congress can do is protect most american tax pairs from rising tax rates due to take eff
for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the final product if there is one will not include trillions in debt reduction or federal spending or tax code reform. it won't even include across the board spending cuts. it will focus on tax rates and a few spending items. >> that's the bearare...
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Dec 28, 2012
12/12
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WBAL
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danielle leigh is in washington with more on the rush for a deal. >> president obama and congressional leaders need to make progress, and today's last met afternoon meeting at the white house could be a final opportunity. >> mcconnell seemed to give an indication that maybe, just maybe, the president might make a new offer giving -- getting toward the 11th-hour. >> off without a deal that cuts of the debt, taxes will go up on every worker next week. the extension to of unemployment benefits expires and deep spending cuts set in, threatening another recession. >> it really upsets me because the government is a blow to be working for the people and i don't see that. >> despite what is at stake, senators came back early only to engage in another round of bickering. >> republicans have bent over backwards. we stepped way, way out of our comfort zone. >> we wanted an agreement. but we had no takers. >> we are in the same situation we have been in for a long time here. we can't negotiate with ourselves. >> house members were not even planning. there are still home. they will come back this s
danielle leigh is in washington with more on the rush for a deal. >> president obama and congressional leaders need to make progress, and today's last met afternoon meeting at the white house could be a final opportunity. >> mcconnell seemed to give an indication that maybe, just maybe, the president might make a new offer giving -- getting toward the 11th-hour. >> off without a deal that cuts of the debt, taxes will go up on every worker next week. the extension to of...
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the so-called fiscal cliff again produced no result this of republicans democrats failed to reach a deal on how to reduce the national deficit tax hikes and spending cuts with billions of dollars automatically take effect on journey the first another round of talks a shuttle for saturday and barack obama's already considering an emergency bill for low earners and the unemployed if agree with isn't reached before deadline. six men involved in the gang rape of a student in india have been charged with murder just hours after their victim died and all spittal if convicted all could now face the death penalty the case sparked protests in new delhi with the authorities resorting to banning mass gatherings in parts of the city people still joining to express their anger while demanding extreme measures to keep the streets safe. and i am actually on the big news from us tonight that story that developed earlier on this evening four people including the captain have been killed after a passenger plane crashed into the side of one of moscow's main highways earlier the saving there only eight peop
the so-called fiscal cliff again produced no result this of republicans democrats failed to reach a deal on how to reduce the national deficit tax hikes and spending cuts with billions of dollars automatically take effect on journey the first another round of talks a shuttle for saturday and barack obama's already considering an emergency bill for low earners and the unemployed if agree with isn't reached before deadline. six men involved in the gang rape of a student in india have been charged...
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Dec 28, 2012
12/12
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KCSM
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president barack obama has broken off his christmas vacation to resume talks on the so-called fiscal cliff, taxes and spending cuts unless democrats and republicans reach a deal by new year's eve. >> nearly all the major players in those negotiations are starting to agree on one thing, and that is that a deal is virtually impossible by that deadline. senior officials say there is little hope of a grand bargain to shave trillions of dollars off of america's mountain of debt. >> applause for the bell at the start of the trading day is a daily ritual at the new york stock exchange, despite the enthusiasm, traders are keeping an anxious eye on share prices. the fiscal cliff is on everyone's mind. u.s. treasury secretary timothy geithner has warned that his department will need to take extraordinary measures to postpone the upcoming government defaults. he plans adjustments to the national budget that would give the u.s. two months of grace. president barack obama has said he is still hopeful that a resolution can be reached this year. he cut short his vacation in hawaii to restart negoti
president barack obama has broken off his christmas vacation to resume talks on the so-called fiscal cliff, taxes and spending cuts unless democrats and republicans reach a deal by new year's eve. >> nearly all the major players in those negotiations are starting to agree on one thing, and that is that a deal is virtually impossible by that deadline. senior officials say there is little hope of a grand bargain to shave trillions of dollars off of america's mountain of debt. >>...
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Dec 27, 2012
12/12
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why some insiders think a deal will not be reached in time. and a north bay restaurant closing for good after more than 30 years. why this restaurant has nothing to do with the economy. >>> president obama and senate leaders tomorrow head back to washington to try to reach a last minute deal, before historic tax increases go into effect next week. why some believe we will head over the fiscal cliff before washington takes action. >> reporter: the halls of power empty, although negotiators and the president are back at work. >> at the very least, let's agree right now on what we already agree on. >> reporter: an olive branch to the gop, and carrot to corporate giants. the administration now suggesting cutting corporate tax rates. the u.s. has among the world's highest. but closing loopholes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are a little concerned. >> reporter: gary is optimistic about a deal. >> i'd still rate it better than 50/50. >> reporter: what seems increasingly likely is to allow the c
why some insiders think a deal will not be reached in time. and a north bay restaurant closing for good after more than 30 years. why this restaurant has nothing to do with the economy. >>> president obama and senate leaders tomorrow head back to washington to try to reach a last minute deal, before historic tax increases go into effect next week. why some believe we will head over the fiscal cliff before washington takes action. >> reporter: the halls of power empty, although...
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has cut short his holidays to try and strike a deal to cap america's spending with a divided congress yet to reach a deal that's now i talked to came. from the international action center which coordinates activism and information for post a message in international justice thanks for joining us well tell us what is the fiscal cliff and just how serious could it be. well the fiscal cliff refers to a disastrous economic results that will take place if u.s. budget laws are not changed they are sat so there's something called a debt ceiling so there's so much money so so much money is spent then all of a sudden there's a huge reduction in government spending and this is really staged by the bankers and the corporations because as capitalism is collapsing internationally they are they're setting up and they're trying to get people used to the idea that they have to accept cuts and all the services they depend on and so this is a staged crisis in order to force the people to pay for a process that the banks created or it's not the first time they say that democrats and republicans have squ
has cut short his holidays to try and strike a deal to cap america's spending with a divided congress yet to reach a deal that's now i talked to came. from the international action center which coordinates activism and information for post a message in international justice thanks for joining us well tell us what is the fiscal cliff and just how serious could it be. well the fiscal cliff refers to a disastrous economic results that will take place if u.s. budget laws are not changed they are...
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Dec 28, 2012
12/12
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WTTG
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. >>> negotiations are underway to reach a deal. president obama and congressional leaders just wrapped up a meeting at the white house. we stand right now at three days and counting until that new year's deadline when taxes would go up for all u.s. taxpayers and steep spending cuts would kick in across the board. nicole collins has the latest. >> reporter: john boehner back in washington immediately heading to the white house, which brought the president and congressional leaders together the first time since november, but it's unclear if it brought the country closer to avoiding the fiscal cliff. >> when the president calls congressional leaders to the white house, it's all political theatre or they have a deal. not that it's all political theatre. >> this is not for show but a last-ditch effort by the president to bring congressional leader together to try to get a small package at least, a small deal together before the new year. >> reporter: the president called the meeting as lawmakers pointed fingers in this high- stakes game
. >>> negotiations are underway to reach a deal. president obama and congressional leaders just wrapped up a meeting at the white house. we stand right now at three days and counting until that new year's deadline when taxes would go up for all u.s. taxpayers and steep spending cuts would kick in across the board. nicole collins has the latest. >> reporter: john boehner back in washington immediately heading to the white house, which brought the president and congressional...
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syria are awful also noted how difficult it is sometimes to deal with the united states when it comes to various international issues due to the peculiarities of america's elop toral cycle. something to the issues with huge importance like the you know the israeli palestinian conflict and the need to settle it being kept was there just for years and years. because of the peculiarity of the american electoral cycles the mystical said the relations and the need to get reelected prevent the american administrations from doing some things which the rest of the world believe believes must be done. these are only a few issues touched upon by russia's foreign minister as he talked about the most important topics off two thousand and twelve exclusively to r.t. . this kind of reporting there live igor many thanks indeed for that update. and of course of the highlights from lover of exclusive interview later this hour but for those of you who can't wait to check it out online it's already there for you at all to dot com. thank you not an emirates is said to be close to ordering some six to come
syria are awful also noted how difficult it is sometimes to deal with the united states when it comes to various international issues due to the peculiarities of america's elop toral cycle. something to the issues with huge importance like the you know the israeli palestinian conflict and the need to settle it being kept was there just for years and years. because of the peculiarity of the american electoral cycles the mystical said the relations and the need to get reelected prevent the...
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but across the country people remained out of work and are still out of work so this time president obama ran under the banner it could have been so much worse as you imagine it was not a better deal or a national euphoria it was more like you have no choice but to choose me kind of something that shocked me. i was covering the election here it was it was the second debate between obama and romney i'm sure you remember if you remember that i just presidential nominee from the green party joel stein was arrested right outside the venue where the debate was taking place she was protesting for exclusion from the state and nobody like no news channel period mentioned her arrest none and i was switching channels for hours to see if anything was said about that and it was nothing i can imagine what the reaction would be here in the states if a presidential candidate is the other big country was arrested in the media there wouldn't be even mention it but apparently it happens in the u.s. no big deal presidential candidates get arrested all the time right well there was some irony in that yes any
but across the country people remained out of work and are still out of work so this time president obama ran under the banner it could have been so much worse as you imagine it was not a better deal or a national euphoria it was more like you have no choice but to choose me kind of something that shocked me. i was covering the election here it was it was the second debate between obama and romney i'm sure you remember if you remember that i just presidential nominee from the green party joel...
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Dec 28, 2012
12/12
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FBC
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president obama meeting with congressional leaders, big deal at 3:00 p.m. today. here we go again. it sounds like trading. you are not going to get many sound bites out before the 3:00 meeting ends and the trading day ends soon after that. do you feel the outrage? >> absolutely. what i am outraged most about is it is a shame we do not have a functioning bond market. our bond market should be in disarray in the politicians in washington right now. our credit should be being downgrade. we are going the wrong direction. there is not one single compromise on the table being discussed in washington that is positive for the economy, no one knows where a new job comes from. it is from a business owner has profit and wants to expand. tell me what compromise is being discussed? it is putting more money into a business owner's pocket so expand and hire is somebody. it is not happening. stuart: why isn't the bond market tearing the administration to shreds and wire when not being downgraded? keep printing money no matter l what? >> absolutely. in my career there have been three bubble. the fi
president obama meeting with congressional leaders, big deal at 3:00 p.m. today. here we go again. it sounds like trading. you are not going to get many sound bites out before the 3:00 meeting ends and the trading day ends soon after that. do you feel the outrage? >> absolutely. what i am outraged most about is it is a shame we do not have a functioning bond market. our bond market should be in disarray in the politicians in washington right now. our credit should be being downgrade. we...
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Dec 29, 2012
12/12
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and president obama says tonight there is still time to get a deal done before we fall off the fiscal cliff. and he demanded congress take action now before it's too late. the president spoke in the white house briefing room just about an hour ago now. he was visibly tense. frustration in his voice. >> america wonders why it is in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we are now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> harris: if congress cannot work out a deal, tax hikes, spending cuts will take effect on tuesday of next week. president obama says he is willing to give congress a little time to come up with a compromise but his patience is limited well as is the rest of the country's. ed henry with the news live at the white house. ed, first, a dramatic meeting earlier today at the white house. and then this ultimatum from the president. >> that's right, harris. it was a dramatic exchange
and president obama says tonight there is still time to get a deal done before we fall off the fiscal cliff. and he demanded congress take action now before it's too late. the president spoke in the white house briefing room just about an hour ago now. he was visibly tense. frustration in his voice. >> america wonders why it is in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we are now at the...
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, but still no deal and the deadline is three days away. >>> george h. w. bush, out of intensive care and in a regular room at a houston hospital. the 88-year-old has been in the hospital for more than a month, he was admitted for bronchitis and has been battling a fever lately. mr. bush is said to be in good spirits singing with doctors and nurses. he got a phone call from the oakridge boys who sang "amazing grace." >>> in syria, an alarming number of people died outside the city of homs, syrian forces won a battle for control there and people were executed. in all, across the country, more than 380 people were killed today in fighting, bombings and air strikes. >>> a russian airliner slid off of a run way and smashed into a highway outside of moscow today, 4 of the 8 crew members were killed as the plane splintered into three pieces no passengers on board and no one on the highway was injured. the jet, about as big as a 757 was run by the russian airliner, red wings and was landing when it over shot the run way. >>> we are just getting information abou
, but still no deal and the deadline is three days away. >>> george h. w. bush, out of intensive care and in a regular room at a houston hospital. the 88-year-old has been in the hospital for more than a month, he was admitted for bronchitis and has been battling a fever lately. mr. bush is said to be in good spirits singing with doctors and nurses. he got a phone call from the oakridge boys who sang "amazing grace." >>> in syria, an alarming number of people died...
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congressional leaders including john boehner and nancy pelosi met with president obama today. the president called on top senators to craft a deal and get it past this weekend for presentation to the house. >> i still want to get this done. it's the right thing to do for our families, for our businesses and the entire economy. but the hour for immediate action is here. it is now. >> so we'll be working hard to see if we with get there in the next 24 hours so i'm hopeful and optimistic. >>> senator mitch mcconnel called the meeting with president obama good. taxes go up for all americans and traásic cuts will hit -- and drastic cuts will hit the national budget. >>> the dow fell 158 points, and the nasdaq fell 25 points. >> they may you know want to do something illegal just to put food on the table. >> coming up in 18 minutes finally strapped the hundreds of thousands of people set to feel the impact of the financial cliff starting tomorrow. >>> a sixth suspect has now been charged in connection with a beating and homicide in san francisco where the victims were bound and gag
congressional leaders including john boehner and nancy pelosi met with president obama today. the president called on top senators to craft a deal and get it past this weekend for presentation to the house. >> i still want to get this done. it's the right thing to do for our families, for our businesses and the entire economy. but the hour for immediate action is here. it is now. >> so we'll be working hard to see if we with get there in the next 24 hours so i'm hopeful and...
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president obama has been in hawaii for some holiday r&r. the republican lawmakers are likely hoping that means he is rested and ready make a deal on the fiscal cliff. however, chief white house correspondent ed henry tells us that washington may have to set with a backup plan to the backup plan. >> christmas tradition for president obama. he and first lady michelle obama saying thanks at the marine corps base hawaii. >> so many of you make sacrifices day in and day out on behalf of the freedom and behalf of the security. >> now the president is giving up some vacation time rushing back to washington aboard air force one late tonight to deal with the looming fiscal cliff. after that red eye, the president will no doubt need coffee. starbucks decided to get political in the washington, d.c., shops, by having employees write come together on cups. ceo howard schultz writing in open letter, "my hope is the simple message will serve as holiday reminder from starbuck of the spirit that bridgeed differences and we have the power to come together a
president obama has been in hawaii for some holiday r&r. the republican lawmakers are likely hoping that means he is rested and ready make a deal on the fiscal cliff. however, chief white house correspondent ed henry tells us that washington may have to set with a backup plan to the backup plan. >> christmas tradition for president obama. he and first lady michelle obama saying thanks at the marine corps base hawaii. >> so many of you make sacrifices day in and day out on behalf...
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obviously obama care is signature legislation. cornhuskers, a lot of back room deals. but after 25 days of straight debating, they did pass it on christmas eve. i guess this bill just wasn't as important. carl, back to you. >> i'll take it, rick. thank you. rick santelli. coming up next why some people are wishing for a yellow christmas this year. and don't forget to tweet us. the financial times says toy makers are trembling as tots turn to tablets instead of traditional toys this holiday season. kids who don't want toys? as tots trade toys for tablets we wonder what is up with kids these days. tweet us and let us know what you think at squawk street. we have some of those answers right after this. ♪ why can't they be like we were perfect in every way ♪ hunger and diabetes.anage >>> most people are dreaming a white christmas but some are dreaming of a yellow christmas, the kind that comes in a little blue box. robert craig explains in today's million dollar minute. >> reporter: this holiday season some of the biggest gifts come in the smallest packages. yellow dia
obviously obama care is signature legislation. cornhuskers, a lot of back room deals. but after 25 days of straight debating, they did pass it on christmas eve. i guess this bill just wasn't as important. carl, back to you. >> i'll take it, rick. thank you. rick santelli. coming up next why some people are wishing for a yellow christmas this year. and don't forget to tweet us. the financial times says toy makers are trembling as tots turn to tablets instead of traditional toys this...
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president obama and lawmaker will return to washington in hopes of inking a last-minute deal.
president obama and lawmaker will return to washington in hopes of inking a last-minute deal.
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if they cannot reach a deal, taxes go up on all of us. analyst warning the cutts could be devastates. the impact on all 1k, the dow down 94 points, the fourth or fifth straight day in a row the dow is down. down over 300 points over the past five days. let's get to mike emanuel on capitol hill. how much stock are lawmakers putting in the white house meeting? >> depends who you ask. some republicans expressed concern it may be for show, essentially going to the white house, having a big meeting that everybody's talking about for the appearances that they're doing something. other suggest it's critical because time is running out. >> the window may be ajar but it's not wide open. and unless it closes -- or opens entirely today and there's a deal, it's more likely to close than stay open. in other words, if we don't have a deal in the next 24 hours, the question is where do you buy a parachute. it looks like we'll be going over the cliff. the closer we get to the end, the less likely it is you're going to be able to compress an agreement int
if they cannot reach a deal, taxes go up on all of us. analyst warning the cutts could be devastates. the impact on all 1k, the dow down 94 points, the fourth or fifth straight day in a row the dow is down. down over 300 points over the past five days. let's get to mike emanuel on capitol hill. how much stock are lawmakers putting in the white house meeting? >> depends who you ask. some republicans expressed concern it may be for show, essentially going to the white house, having a big...
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the president the united states of america barack obama. thank you everybody. not only not only was heard by barack obama but it was heard by everyone on stage even people started tweeting about it saying that you are mr joe biden you're absolutely right in the you know that guy's story or is it just me or has a bronco obama in some way been involved in almost all of the open mikes whether he's talking to someone or being talked about or it's his vice president he's you know involved in a lot of action i actually barack obama is pretty good i think i think he does work with the whole you never alone with myself i get bored in them but people does get caught in the wrong zones certainly there's talk about a guy getting caught the wrongs are not just afghanistan but well deep under the covers with one of his colleagues who wrote his autobiography general david petraeus you know the top guy there the former cia director the head of everything in afghanistan let's have a look at this just. to follow i mean it's a lot to follow and it's just you know i feel dirty ju
the president the united states of america barack obama. thank you everybody. not only not only was heard by barack obama but it was heard by everyone on stage even people started tweeting about it saying that you are mr joe biden you're absolutely right in the you know that guy's story or is it just me or has a bronco obama in some way been involved in almost all of the open mikes whether he's talking to someone or being talked about or it's his vice president he's you know involved in a lot...
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we deal with a contemporary -- there is a lot of interest in obama but sometimes the idea is that we have to pull back and see the forest. >> but obviously there are people on the right and people say they support obama or don't like obama that would disagree and say that he's apologizing for america and he is pulling out before our allies can stand on the verdone and they say we shouldn't really send troops in to afghanistan in the first place. >> petraeus ann gates and clinton, she had a tough group are not him but it was his own doing. "the new york times" called his economic adviser the constellation of the reubenites, and they were. they were larry summers and these were wall street people that were brought into the policies or not depriving it of a foreign policy team robert gates has been up to his eyeballs in things the country has done for decades. >> this was promised to the campaign 2008 that he pulls us out of iraq so in some ways he is just following through on his promise. >> he has supported him strongly and if they do they were not taken seriously enough and then it w
we deal with a contemporary -- there is a lot of interest in obama but sometimes the idea is that we have to pull back and see the forest. >> but obviously there are people on the right and people say they support obama or don't like obama that would disagree and say that he's apologizing for america and he is pulling out before our allies can stand on the verdone and they say we shouldn't really send troops in to afghanistan in the first place. >> petraeus ann gates and clinton,...
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president obama will meet with congressional leaders this afternoon with just four days left to reach an agreement. with time running out, it appears a deal at this point would likely include an extension of tax cuts for the middle class and a cancellation of spending cuts. an aide to senate minority leader mitch mcconnell says the republican senator is eager, quote-unquote, to hear from the president. >>> house lawmakers are heading back to washington ahead of a deal. john boehner called the house back into session for a rare sunday evening session. boehner says it's up to the senate to act. he says the house has done its part to -- it would extend existing tax cuts for all americans. >>> federal workers are told to take steps to prepare for possible furloughs if spending cuts that would be part of the fiscal cliff take effect. the office of personnel management issued new guidelines which state that employees will be given at least 60 days' notice before any furloughs of more than 22 days. they'll receive 30 days' notice for furloughs shorter than that. workers will also not be allo
president obama will meet with congressional leaders this afternoon with just four days left to reach an agreement. with time running out, it appears a deal at this point would likely include an extension of tax cuts for the middle class and a cancellation of spending cuts. an aide to senate minority leader mitch mcconnell says the republican senator is eager, quote-unquote, to hear from the president. >>> house lawmakers are heading back to washington ahead of a deal. john boehner...
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president obama and vice president biden are sitting down with house leaders. the guest list includes harry reid, who this time yesterday said he didn't see any way the fiscal cliff could be avoided. whatever the case, our chief white house correspondent jessica yellin will be watching. what can we really expect to come out of this meeting this afternoon? >> well, alina, we're not sure what really will come out of it. the ideal scenario would be if all sides agree to a scaled-down version of the fiscal cliff agreement that the president and spe speaker boehner had been discussing weeks ago and then senator mcconnell would agree that no republicans would block it in any way if he can promise that. he argues that he can't really make that promise but if e he could then speaker boehner would promise to bring it to a vote on the floor. all sides would shake hands and we'd have a deal before new year's. that seems highly unlikely. but that's what all sides are pushing for today. >> i think we can all agree that tax rates are the biggest sticking point. so what speci
president obama and vice president biden are sitting down with house leaders. the guest list includes harry reid, who this time yesterday said he didn't see any way the fiscal cliff could be avoided. whatever the case, our chief white house correspondent jessica yellin will be watching. what can we really expect to come out of this meeting this afternoon? >> well, alina, we're not sure what really will come out of it. the ideal scenario would be if all sides agree to a scaled-down version...
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. >>> let's make a deal. president obama sitting down with top congressional leader from both parties in just hours. can they agree on something before sending the country over the fiscal cliff? >>> and holy cow. $8 for a gallon of milk? why that utterly ridiculous price could be a very real possibility today, friday, december 28th, 2012. >>> and good morning, everyone. welcome to "today" on a friday morning. i'm savannah guthrie. >> i'm willie geist in this morning. she is full of milk puns this morning. holy cow. utterly. >> what are you, lactose intolerant? >> the trifecta. >> we'll move on to the big story, which is the weather. we're bracing for another big storm before the last one is done. >> it's expected to bring a new round of travel headaches during a holiday travel weekend. how will it impact you in more on that ahead. >>> also, retired general norman schwarzkopf has died at the age of 78. he's being remembered as one of the greatest military figures in u.s. history. more on his remarkable life co
. >>> let's make a deal. president obama sitting down with top congressional leader from both parties in just hours. can they agree on something before sending the country over the fiscal cliff? >>> and holy cow. $8 for a gallon of milk? why that utterly ridiculous price could be a very real possibility today, friday, december 28th, 2012. >>> and good morning, everyone. welcome to "today" on a friday morning. i'm savannah guthrie. >> i'm willie geist...
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gregg. >> arthel: if negotiations fail or lawmakers don't like a final deal, president obama wants to move forward with a plan c. what's in that? >> it would focus on three key areas. keeping the tax cuts for those making $250,000 a year or less, extending unemployment benefits and delayed dramatic spending cuts until later next year. president obama says the u.s. cannot afford a politically self-inflicted wound to our economy. >> fortunately congress can prevent it from happening if they act right now. i just had a good and constructive discussion with senate and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we may still be able to reach an agreement that can pass both houses in time. >> the wild card is figuring out what it will take to get a final deal to pass in the house of representatives. they return tomorrow, probably around when we find out if the top two senators reached an agreement. >> gregg: mike emmanuel live in washington. thanks very much. be sure to watch fox news sunday tomorrow. chris wallace talks fiscal cliff with u.s. sen
gregg. >> arthel: if negotiations fail or lawmakers don't like a final deal, president obama wants to move forward with a plan c. what's in that? >> it would focus on three key areas. keeping the tax cuts for those making $250,000 a year or less, extending unemployment benefits and delayed dramatic spending cuts until later next year. president obama says the u.s. cannot afford a politically self-inflicted wound to our economy. >> fortunately congress can prevent it from...
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he told the senate they had a day or two to make a deal on their own. if they're not making any progress he wants both chambers to bring this plan forward for up or down vote. speaker boehner apparently was noncommittal to that idea. it's important to point out that the debt ceiling is not a part of this plan c. that is still going to have to be dealt with separately later on. >> juliet: thank you, peter. >> dave: moderately optimistic. >> juliet: we are moderately optimistic about the weather. one-two punch comes as people are still digging out from past week's snow storm. >> clayton: preparation press still underway. stacking up on salt and sand. they have been presalting some of the roadways. >> dave: i hope so. maria my lien in for for rick this morning. good morning, maria. >> good morning. good to see you guys. good morning, everybody. we have another storm system first alert forecast to bring more snow to the northeast today. that's just after on thursday. we got hit with as much as 20 inches of snow portions of upstate, new york. good news with
he told the senate they had a day or two to make a deal on their own. if they're not making any progress he wants both chambers to bring this plan forward for up or down vote. speaker boehner apparently was noncommittal to that idea. it's important to point out that the debt ceiling is not a part of this plan c. that is still going to have to be dealt with separately later on. >> juliet: thank you, peter. >> dave: moderately optimistic. >> juliet: we are moderately optimistic...
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. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> reporter: democrats want to extend the bush-era tax cuts to everyone except those americans making $250,000 or more a year. many republicans are again
. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because...
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>> it depends if he turns into bill clinton or remains barack obama. clinton understood his legacy, was what was important and he would be remembered as somebody who was good on the economy, as a democrat. guess what? he wasn't a typical democrat. he was forced to change. a lot of it had to do with the fact that the congress changed. we have divided government. if the president wants the same old, same old, he will get t. the republicans won't cave. it's equal branchings of government. they control two-thirds and it takes three to tango, the senate, white hussein. >> eric: terrific debate. >> heather: who is leading in the tango, that's what we don't know. congressional leaders are trying to come up with that deal, with less than two days before massive tax hikes and spending cuts kick in and small businesses are already being affected. companies have no idea how much more they are going to owe uncle sam next year. that is affecting how they are doing business right now. we have those details from the new york city newsroom. >> reporter: many small, ow
>> it depends if he turns into bill clinton or remains barack obama. clinton understood his legacy, was what was important and he would be remembered as somebody who was good on the economy, as a democrat. guess what? he wasn't a typical democrat. he was forced to change. a lot of it had to do with the fact that the congress changed. we have divided government. if the president wants the same old, same old, he will get t. the republicans won't cave. it's equal branchings of government....
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president obama has been in hawaii for some holiday r&r. the republican lawmakers are likely hoping that means he is rested and ready make a deal on the fiscal cliff. however, chief white house correspondent ed henry tells us that washington may have to set with a backup plan to the backup plan. >> christmas tradition for president obama. he and first lady michelle obama saying thanks at the marine corps base hawaii. >> so many of you make sacrifices day in and day out on behalf of the freedom and behalf of the security. >> now the president is giving up some vacation time rushing back to washington aboard air force one late tonight to deal with the looming fiscal cliff. after that red eye, the president will no doubt need coffee. starbucks decided to get political in the washington, d.c., shops, by having employees write come together on cups. ceo howard schultz writing in open letter, "my hope is the simple message will serve as holiday reminder from starbuck of the spirit that bridgeed differences and we have the power to come together a
president obama has been in hawaii for some holiday r&r. the republican lawmakers are likely hoping that means he is rested and ready make a deal on the fiscal cliff. however, chief white house correspondent ed henry tells us that washington may have to set with a backup plan to the backup plan. >> christmas tradition for president obama. he and first lady michelle obama saying thanks at the marine corps base hawaii. >> so many of you make sacrifices day in and day out on behalf...
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the so-called fiscal cliff again produced no results if the republicans and democrats fail to reach a deal on how to reduce the national deficit tax hikes and spending cuts worth billions of dollars in mass we take effect on journey the first another round of talks is saturday barack obama is already considering an emergency bill for the workers and the army if agreement is not reached before the deadline. the six men involved in the gang rape of a student in india i mean charged with murder just hours after a victim died in a hospital if convicted all could face the death penalty in the case sparked protest in new delhi if you're for it is resorting to banning mass gatherings in parts of the city people still joining to express their anger and sorrow and demanding extreme measures to keep the streets safe. the newly elected prime minister has taken a tour of the fukushima nuclear plant which was devastated by a massive tsunami last year wearing a protective suit to be inspected the complex and admitted that dealing with a fall that is an unprecedented challenge the previous democrat led g
the so-called fiscal cliff again produced no results if the republicans and democrats fail to reach a deal on how to reduce the national deficit tax hikes and spending cuts worth billions of dollars in mass we take effect on journey the first another round of talks is saturday barack obama is already considering an emergency bill for the workers and the army if agreement is not reached before the deadline. the six men involved in the gang rape of a student in india i mean charged with murder...
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they come out with a deal, they may not reach a deal. it's possible that the republican leader mitch mcconnell and democrat leader harry reid may not make a compromise at which point harry reid says he'll put president obama's plan, $250,000 as a threshold for raising income tax rates and extending unemployment benefits and that's about it, put that to an up or down vote and see if republicans block it either in the senate or the house. not necessarily going to be a compromise deal although that obviously would have a much better chance of passing congress if it gets some republican behind it. >> juliet: you're going to have lindsey graham on the show. i think it was lindsay graham the other day who said you call these public-- you announce the meetings publicly it's usually political theater. what is your assessment what's happened over the last couple of days? are we really seeing any real action going on behind the scenes in your opinion? >> well, absolutely. i mean, there's no question, and i think it's much more in terms of the staf
they come out with a deal, they may not reach a deal. it's possible that the republican leader mitch mcconnell and democrat leader harry reid may not make a compromise at which point harry reid says he'll put president obama's plan, $250,000 as a threshold for raising income tax rates and extending unemployment benefits and that's about it, put that to an up or down vote and see if republicans block it either in the senate or the house. not necessarily going to be a compromise deal although...
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the other important story tonight, president obama met with the four congressional leaders this afternoon just a few minutes away. steve handlesman has more. >> after the meeting, he called the president was optimistic and insistent, optimistic there can be a deal that will keep most americans' taxes from going up. here's the president gist now in the white house briefing room. >> i just had a good and constructive discussion here at the white house with start and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote. one that protects the middle class from an income class hike. one that extends it to 2 million americans looking for a job and lays the groundwork for more economic growth and debt reduction. >> that leads to the insis
the other important story tonight, president obama met with the four congressional leaders this afternoon just a few minutes away. steve handlesman has more. >> after the meeting, he called the president was optimistic and insistent, optimistic there can be a deal that will keep most americans' taxes from going up. here's the president gist now in the white house briefing room. >> i just had a good and constructive discussion here at the white house with start and house leadership...
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leaders a smaller deal to avert the so-called fiscal cliff behind closed doors at the white house. i want to bring in white house correspondent kristen welker. >> reporter: i'm told pelosi and boehner left to come to the white house. in terms of the smaller deal, we have heard it would include a provision to extend the bush 'ra tax cuts for those making $250,000 or less and let them expire for those more than $250,000 and something that president obama has been calling for for a long time. it would also extend unemployment insurance benefits and stave off some of those deep spending cut that is are set to go in to effect and essentially mirrors what president obama outlined when he addressed the nation before leaving for the what ryan holiday. white house officials being very tight lipped of what specifically the president is going to do and will not confirm to put this smaller deal on the table so i think we're going to have to wait until the meeting wraps up for the specifics but speaking to republican aides with the house who say that this still rests with the senate, that repub
leaders a smaller deal to avert the so-called fiscal cliff behind closed doors at the white house. i want to bring in white house correspondent kristen welker. >> reporter: i'm told pelosi and boehner left to come to the white house. in terms of the smaller deal, we have heard it would include a provision to extend the bush 'ra tax cuts for those making $250,000 or less and let them expire for those more than $250,000 and something that president obama has been calling for for a long...